Sprouts Farmers Market (SFM) Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sprouts Farmers Market in the last twelve months. There are currently 3 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SFM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SFM, but not buy additional shares or sell existing shares.
View SFM analyst ratings or view top-rated stocks.

9 equities research analysts have issued twelve-month price targets for Sprouts Farmers Market's shares. Their SFM share price forecasts range from $26.00 to $45.00. On average, they expect the company's share price to reach $33.75 in the next year. This suggests that the stock has a possible downside of 2.3%.
View analysts price targets for SFM or view top-rated stocks among Wall Street analysts.

Sprouts Farmers Market's stock was trading at $32.37 on January 1st, 2023. Since then, SFM shares have increased by 6.8% and is now trading at $34.56.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our SFM earnings forecast.

Sprouts Farmers Market, Inc. (NASDAQ:SFM) issued its quarterly earnings data on Monday, May, 1st. The company reported $0.98 earnings per share for the quarter, beating analysts' consensus estimates of $0.85 by $0.13. The firm earned $1.73 billion during the quarter, compared to the consensus estimate of $1.72 billion. Sprouts Farmers Market had a net margin of 3.83% and a trailing twelve-month return on equity of 26.55%. The business's quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the business posted $0.79 EPS.

ETFs with the largest weight of Sprouts Farmers Market (NASDAQ:SFM) stock in their portfolio include Invesco Dynamic Food & Beverage ETF (PBJ), Invesco DWA Consumer Staples Momentum ETF (PSL), Putnam Sustainable Future ETF (PFUT), Global X Health & Wellness ETF (BFIT), SPDR S&P Retail ETF (XRT), AXS Green Alpha ETF (NXTE), Direxion Daily Retail Bull 3X Shares (RETL) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV).

Sprouts Farmers Market issued an update on its second quarter 2023 earnings guidance on Monday, May, 1st. The company provided EPS guidance of $0.61-$0.65 for the period, compared to the consensus EPS estimate of $0.59. The company issued revenue guidance of -.

244 employees have rated Sprouts Farmers Market Chief Executive Officer Jack Sinclair on Glassdoor.com. Jack Sinclair has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sprouts Farmers Market investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Walt Disney (DIS), Tesla (TSLA), Cisco Systems (CSCO), Netflix (NFLX), QUALCOMM (QCOM), Pfizer (PFE), AT&T (T) and Alibaba Group (BABA).

Sprouts Farmers Market trades on the NASDAQ under the ticker symbol "SFM."

Sprouts Farmers Market's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include FMR LLC (15.13%), BlackRock Inc. (12.24%), Renaissance Technologies LLC (5.02%), LSV Asset Management (4.90%), State Street Corp (3.74%) and Dimensional Fund Advisors LP (2.96%). Insiders that own company stock include Brandon F Lombardi, Dan J Sanders, David Mcglinchey, Gilliam Phipps, Jack Sinclair, Joe Fortunato, Joel D Anderson, John Scott Neal, Kim Coffin, Kristen E Blum, Lawrence Molloy, Nicholas Konat, Stacy W Hilgendorf and Terri F Graham.
View institutional ownership trends.

Shares of SFM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of SFM stock can currently be purchased for approximately $34.56.

Sprouts Farmers Market (NASDAQ:SFM) has a market capitalization of $3.56 billion and generates $6.40 billion in revenue each year. The company earns $261.16 million in net income (profit) each year or $2.33 on an earnings per share basis.

The company employs 31,000 workers across the globe.

Sprouts Farmers Market's mailing address is 5455 EAST HIGH STREET SUITE 111, PHOENIX AZ, 85054. The official website for the company is www.sprouts.com. The company can be reached via phone at (480) 814-8016, via email at susannahlivingston@sprouts.com, or via fax at 480-814-8017.